Which of the Following Is True of the Sarbanes-Oxley Act

question 20

Multiple Choice

Which of the following is true of the Sarbanes-Oxley Act?

• A) It was passed in 2000 by Congress to encourage free trade between Canada, Mexico, and the United States.
• B) It was passed in 2002 by Congress to make certain that publicly traded companies follow accounting controls that could reduce the likelihood of illegal behavior.
• C) It was passed in 2006 by Congress to ensure stricter adherence of guidelines in the hiring practices of immigrant workers in the American workforce.
• D) It was passed in 2004 by Congress to encourage foreign direct investments by providing tax subsidies to increase the rate of return for investments.

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Definitions:

Regio-

A prefix indicating the orientation or specific location within a molecule where a chemical reaction takes place.

Stereochemical

Refers to the aspect of chemistry that involves the study of the spatial arrangement of atoms in molecules and their effect on the physical and chemical properties of substances.

Organic Product

A compound or substance that results from organic reactions, typically consisting primarily of carbon and hydrogen atoms along with other elements.

Reaction

The transformation of starting materials into different chemical products through a series of bond-breaking and bond-making steps.